Tech Updates Recap - Week 5 of January 2020 | January 31, 2020
In the realm of business and technology, the past few months have been marked by significant milestones and exciting developments. Let's delve into some of the key events that have captured the attention of industry insiders and enthusiasts alike.
Firstly, the historic event featuring tech titans Narayana Murthy and Ratan Tata took place, a moment that will undoubtedly go down in history. The two luminaries shared the same dais, an opportunity that was not lost on the many attendees who were privileged to witness this remarkable gathering.
Moving on, the tech world saw a change at the helm of IBM. Arvind Krishna, a seasoned industry veteran, has taken over as CEO from Virginia Rometty. Krishna's tenure began in 2020, and in 2021, he was also appointed as Chairman of the Board, marking a significant shift in the leadership of the IT giant.
Meanwhile, HDFC, one of India's leading financial institutions, announced its commitment to investing Rs.100 crore in tech startups each year. This move is expected to bolster the startup ecosystem and foster innovation in the technology sector.
The BFSI Tech Conclave and Awards 2020 brought together leading figures from the banking, finance, and insurance sectors. Speakers included representatives from SBI, Bank of Baroda, Indusind Bank, NSE, and Bajaj General Insurance company, among others.
On the global stage, Apple's first quarter fiscal year 2020 results were announced. The tech giant reported a revenue of $91.8 billion, surpassing the expected $88.43 billion. Additionally, Apple's per-share profit for the same quarter came in at $4.99, higher than the anticipated $4.54 per share.
For those interested in learning more about these developments, additional information can be found in the provided links about Apple's revenue and HDFC's tech startup investments. Furthermore, a video of the event featuring Narayana Murthy and Ratan Tata can be watched on YouTube.
In conclusion, the tech and business landscapes continue to evolve, with key figures like Arvind Krishna taking on leadership roles and events like the BFSI Tech Conclave providing a platform for industry leaders to share insights and shape the future of their respective sectors. As we move forward, it will be fascinating to observe how these developments unfold and the impact they will have on the global economy.
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